Note that Tesla is close to battery pack costs below $100/kWh, even if they're charging more because they need the cash as they build up profit.
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Monday, January 14, 2019
The plunge in battery prices
From Bloomberg NEF (BNEF) Hat tip to The Guardian. A compound rate of decline of 21% per annum--prices have fallen nearly 10 fold over 8 years. If they fall another 10 fold over the next 8, EVs will equal 100% of car sales, and our grids will be primarily renewable.
Note that Tesla is close to battery pack costs below $100/kWh, even if they're charging more because they need the cash as they build up profit.
Note that Tesla is close to battery pack costs below $100/kWh, even if they're charging more because they need the cash as they build up profit.
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